September 6, 2023
Putting Landlords & Tenants at Ease with Cash Lease Insurance Coverage
We're excited to announce the opening of 2024 sales for a brand new, Hudson-exclusive product, Cash Lease Insurance Protection (CLIP). CLIP is a non-federally reinsured supplemental product that allows a producer to elect bands of coverage at higher coverage levels to protect against a loss of revenue.
This first-of-its-kind product provides the landlord and tenant reassurance that cash lease obligations will be fulfilled in the event the tenant experiences a revenue decline. CLIP acts as a layer of protection against a harvest price decline in relation to the "buy-price," regardless of crop conditions, not to mention daily price offers that provide flexibility when setting the guarantee.
